Definition Of

Twenty-foot equivalent units(TEU)

Twenty-foot equivalent units(TEU). A means of measuring the carrying

capacity of container ships. A 2000 TEU capable ship is capable of carrying 2000 standard containers.

Share it:

More from this Section

  • Commercial risk
    Commercial risk— in banking, the likelihood that a foreign debtor will be unable to repay its debts because of business (as distinct from political) events.
  • Mortgage-backed bond
    Mortgage-backed bond means a debt instrument representing a claim against the interest and principal payments generated by a pool of mortgage loans.
  • Bid and Ask Quotations
    Interbank quotations are given as a bid and ask (also referred to as offer). A bid is the price (i.e., exchange rate) in one currency at which a dealer will buy another currency.
  • American Depositary Receipts (ADRs)
    American Depositary Receipts (ADRs) are certificates traded in the United States and denominated in U.S. dollars. ADRs are sold, registered, and transferred ...
  • Nonactivist
    Nonactivist is an economist who believes that the performance of the economy would be improved if t the government avoided active policy to eliminate unemployment.
  • Optimal forecast
    Optimal forecast is the best guess of the future using all available information.
  • Floating exchange rate regime
    Floating exchange rate regime is an exchange rate regime in which the value of currencies are allowed to fluctuate against one another.